High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
WTI crude breaks a three-day losing streak
Oil struggled late last week but is back on the upswing today, rising $1.49.A report confirmed Russian planned production curbs and that's helping but I think this is more of a technical move and a bounce from the old range top.WTI crude oil dailyHere's a chart from...
New Zealand dollar struggles to get off the floor
NZDUSD daily chartThe US dollar is retracing on most fronts today but the New Zealand dollar is an exception. NZD/USD remains within striking distance of a four-month low and below recent support.Two days of heavy selling on Thursday and Friday broke through the 2024...
Putin says Moscow attack committed by radical Islamists
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Credit Agricole: Finger on the JPY intervention trigger
USDJPY dailyCredit Agricole highlights Japan's readiness for currency intervention as the JPY faces downward pressure, quoting Masato Kanda, Japan’s Vice Minister of Finance for International Affairs. Kanda's recent statements signal a strong inclination towards...
US sells 2-year notes at 4.595% vs 4.590% WI
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US set to sell 2-year notes
I invariably do a double-take when auction sizes come up. Today it's $66 billion in two-year notes in what I initially thought was a typo.Bill Gross warned last week about too much supply, though he did advocate for buying 2s (vs 10s).This is the first coupon auction...
European equity close: Modest gains to kick off a holiday-shortened week
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOE’s Mann: The last time I spoke I said my vote was finely balanced
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump bond in New York case reduced to $175 million from $454 million
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fed’s Cook Q&A: We’ll only know if neutral rate is higher after-the-fact
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Russia tells oil companies to cut output to meet OPEC+ target
Crude OilRussia isn't bluffing.Reuters reports that Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target of 9 million barrels per day by the end of June. That would match OPEC+ pledges.The report...
Gold Price Steadies After Sharp Sell-Off, New All Time High Remains Possible
Gold Price and AnalysisGold’s backdrop remains positive and may lead to further gains.Retail trader positioning is 50/50. Recommended by Nick Cawley How to Trade Gold Get My Guide Last week’s rally saw gold post a fresh record high before a sharp sell-off left the...
Dallas Fed manufacturing index -14.4 vs -11.3 prior
Prior was -11.3Output index -4.1 vs +1.0 priorComments in the report:Food manufacturingWill the consumer continue to spend enough to promote growth? This is the question I cannot answer confidently. As a food manufacturer, I need consumers to maintain their...
Fed’s Cook: Path of disinflation has been bumpy and uneven, as expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bitcoin climbs above $69,000 in surge
Crypto is cooking today with bitcoin having its best day in four weeks. Bitcoin appears to have broken the recent downtrend and shaken off some worries about crypto ETF inflows.Bitcoin dailyIt's not just bitcoin either as ETH rises 7% and is trading at a session...
US February new home sales 662K vs 675K expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US new home sales data coming up next
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Fed’s Goolsbee expects three rate cuts this year
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US equities set to give some back
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...